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equipment repair. Mining equipment manufacturers are expecting the higher-margin aftermarket sales to recover in the second half of 2014. 5 This trend is likely to continue as miners seek to sweat existing assets by extending the life of equipment through maintenance rather than investing in replacement capex.

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Up to now, we have supplied more than 1300 excavators in China to gain more than 95% of market share in China. Our excavators are widely used in coal mines, metallurgical mines and ferro-metal mines. More than 36 of our excavators have been exported abroad, to locations such as India, Pakistan, Myanmar, Peru, Russia, Kazakhstan, Chile and …

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